National Republican., 1887-08-03
MANY VAGUE RUMoRs.
Trouble Prophesied on the Exchange,
but 1t Does Not MateriaIize.


New York, Aug. 2-The street was
filled to-day with vague rumors OF impeui-
ing trouble, though nothing Of definite
nature was made public. One small failure
was announced, which, however, had no
effect upon the course OF prices There
was absolutely no news to-day, and i'm
portsnt rumors, with the exception noted
above, were unusually scarce. The only
support received by the market was from
purchases by London, which, while implrt-
ing strong tone to the opening, was Of
little effect later. The buyers OF yesterday,
including most Of the Influential room
traders, were steady sellers throughout the
day, and, although the heavy hammering Of
the past few days was absent, considera ole
long stock was forced out, and the market
was feverish and weak during the greater
part of the day, the rallies being feeble ani
spasmodic.
The opening was strong at advances ex.
tending to per cent. There was a mod
erately active business, which improved
somewhat toward noon but decreased ma
terially later in the day. Prices were weak
from the opening, although no m,terial
decline was established until after II
o'clock, when New England and the coil
stocks became conspicuously weak. After
slight recovery prices again settled down
while the decline gathered force. Toe
market became more feverish In the Ii 81
hour, but a generally stronger tone pre-
vailed, though the close was heavy at frac-
tions better than the lowest.
Money on call has been easy, ranging from
81 to @, last loan at 5, closing offered at .
Sterling exchange dull and weak. Actual
business at 4Sl2 to 4s2 for 60day
Posted rates 4S3 to 4S5. Government
bonds have been dull and heavy. State
bonds have been dull and featureless.
Treasury balances-Coin, Sl35, ,279;
currency, $l2,6A,393.
The following were tho closing bid quota
tiOns:
4s, 1861; AZ coup, 1855; Pac. es of 95, i22
6, iSips DO y, sSs; Tenn. settlement Item en- 6, u
o. rs 5 sn va Ss iS q, DO 2 c9nsS; sn
flrsts, ll5ls; Denv. and r.. G. flrsts, e75; NJ. X
and T., gSH; Northern pac. flrsts, ll5N; do
seconds, lo5ls; Northwestern cons, "lSsH; do
debenture, l0g st. l.. and san Fran, ll3R; 81
Paul con-, l2711; st. L Chicago, aud Pac, hrsts
1l6 Southern Pac. flrsts, ia: T. 7. r. g. and
/ C., ny. Union Pac. firsts, llih; West Shore
Line pfd., Vs; Ii. G. aud r. n, 15; Cana IL
southern, So; Canton, $50; Cen. .Pac, 35l1
Shos "a and oho g Chicago SnS and AZ AlOn sys .s
land and Col S2; Con. Coal, 20; Del: and Hnd
1895; Del and L., l27; Denv. and R. G., 2dA
Ers 2 H. do sd pS S Fort %syns "a n cd1 40
i22 Kans and Texas, 25h; L; Z; and W; y
Maintain and Con, ITO; NJ. and Char, SO
Met. T., 1885, Mich. Cen; 50; Mo; Pae; :;
Western pfd., 4iS Northern Pac., 5lit do pid.
ssh, Northwestern, lllsS; do. ,pid;. li2; J
Y. Cen, 1067S; Chicago aud 81. L., l61t; do
| pfd., 2S1i: Ohio and Miss, 251S; do. pfd, So
oregon Nav. 9slS; Pac. Mail. s71Ss; Pitts
burg, 1887: Reading, 623s Richmond ant
Aleg.,. 10; richmond and Dan., l6O; Rocl
l2O rst st. n ana san ~ PAM dT pia
ll71a; st. p. and o., 44la: do; pfd lo9; Taxa
Pac., 261S; Union Pac., 65jI y. S. x, 65; wab
Pac., II; do. .pfd:, %; Wells Fargo, l2s
Cotton OH Trust, Si9s; Quicksilver, 6S; do
| nABked.